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Bitcoin may have found a floor after sliding roughly 7% to $77,000 over the weekend, according to analyst PlanC, who argues the move could mark the deepest pullback of the current bull cycle. Key Takeaways: An analyst says Bitcoin’s drop to $77,000 may mark a capitulation-style cycle low. The pullback mirrors past crashes that preceded […]

Bitcoin mining activity has suffered its sharpest setback in more than four years after severe winter storms across the United States forced large operators to scale back production, dragging down network hashrate, output and revenues. Key Takeaways: US winter storms forced miners offline, driving a 12% drop in Bitcoin’s network hashrate. Mining revenues and output […]